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Head of expenses
what is the main head of income and expenses of school run by public trust
Replies (2)
income: school fees or donations received
expense: maintenance of school or amount spent towards education
expense: maintenance of school or amount spent towards education
Hi,
Use "Direct Expenses" Head, if the expense includes directly in your school. Eg:: wages etc.
Use Head "Indirect Expenses" if the expense includes indirectly in your school. exp:: rent, salary etc.,
In the same way, split Direct Income and Indirect Income.
Regards
Team
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